Managing risk

12Feb2010

Everything has its risks, even getting out of bed in the morning. But that is no excuse for not getting out of bed at all: you can also have a heart attack under the duvet, after all.

The same is true for companies. No company is risk-free and business owners need to identify and fully understand the specific risks facing their companies. This is fundamental to good management, building corporate value, and to any due diligence process a business owner may have with investors.